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20121202
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English 133
Search Results 0 to 49 of about 133 (some duplicates have been removed)
FOX News
Dec 8, 2012 12:00pm PST
feel safe that the government has spent 40 years running this? are your savings safer because of these two congressmen. >> do we need government to protect workers? >> absolutely. next question. [ laughter ] >> but one result is this. government's good intentions went wrong. that so our show tonight. tonight. john: politicians claimed they make life better to pass laws. they have good intentions but we should not judge by intention. politicians good intentions go wrong. work regulation. companies are not greedy they don't care about their workers but seems reasonable government has to protect them. almost everybody agrees. >> they should be protected. >> definitely. so many things could have been. corporations could be corrupt. the government should step been. john: that makes sense. so much beyond the workers' control. safety rules. what does a factory owner care? that is why we need occupational safety and health administration. it sets safety rules. they will show how the workplace deaths dropped since the beginning. thank goodness for government. except look at this graph.
FOX News
Dec 8, 2012 8:30am PST
. government domination of education prevents new opportunities from being seen. private system it benefits kids that are -- it is a whole field of education that is not developed because of government. john, that is the systemic limit and that's why quality of education went down and cost went up. (talking all at once.) >> something happened in the past 20 years it can be done with the public. >> coming up everyone. we'll go for longer school days and shorter work days for government employees and making them work 40 hours a week like most of the us do would save taxpayers over a mill -- billion a year. ♪ rade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. >> coming up a costly new plan to extepped school day
FOX Business
Dec 9, 2012 8:00am EST
on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happens the worse case scenario, but in five years we won't be not able to borrow money. >> brenda: julian, you can go ahead and respond. >> first of l, the ernst & young study has been debunked over and ov. and number two, the bush tax cuts, if you let the bh tax cuts. the crs study was a republican study and found the same thing as the cbo. if you let bush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudies done recentl shows the top two rates, top 2%, virtually no impact. to jonas' point if you raise taxes the lot and cut spending a lot and so austerity plan, that would have an impact. democrats were for pouring more money into the compli with
FOX News
Dec 7, 2012 5:00pm PST
on a philosophy grounded in limited government, the free market and the judeo-christian tradition and this should be attractive to young and old black and white male or female voters. the most important thing is that we not despair. the problems we face today are no worse than the ones conservatives faced in the 1970 os when remember they had to deal with a weak economy and aggressive soviet union and the fallout from vietnam. they overcame those problems and they changed the world for the better. we can do the same. and that's the memo. now on to the top story tonight. the president's refusal to budge in negotiations with the g.o.p. on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president.
MSNBC
Dec 7, 2012 10:00pm PST
stewart tells chris christie to his face that republicans only like government when it's good for them. the same day christie vetoes health care exchanges in his state. governor howard dean joins me next, next. and republicans are pushing south carolina governor nikki haley to make the right choice to replace jim demint. will she pick right or far right? that's coming up. [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. secondhand smoke affects everyone's health.tate. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. gives you 1% cash back on a
CNN
Dec 3, 2012 1:00pm PST
? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just go
FOX News
Dec 6, 2012 6:00am PST
: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum which would leave a vacuum there. several countries in that region are trying to find a place for assad to go. s
FOX News
Dec 9, 2012 8:00am PST
it would be terrible. others predict tell actually be what this nation needs to begin to rein in government spending. will it? joining us is a former republican campaign manager and aide to the g.o.p. leadership. welcome. if this kicks in, in 23 days, will it be so dire or will it be the first step to budget reform? >> well, eric, i think the best thing that can happen for this nation in the long run is that we go over the fiscal cliff. will continue painful? yes, very painful. but i think that that is a pain -- it is only that pain that can hold these elected officials accountable and to act for responsibly. the reality is that, i have worked in in town 20 years, politics rules the day. the dose of reality, the pain, shut down of maybe -- shut down of the government services and operations. that type of pain, i think is the only thing that is going to, in the long run, get these folks in town to make sure this doesn't happen again and to act responsibly. as you said at the kickoff of this show, to really kind of look at these government programs and see if they are really necessary. >> you
FOX Business
Dec 8, 2012 6:00am EST
them, and creating them, making them larger meaning bigger bills and government contr. neil: can't they throw a bone to republicans, offer you at the gate, $800 billion in tax hikes? couldn't you throw it back at them, first thing offered, doubling the tax hikes, $1.6 trillion. a clumsy start from the get-go, but i don't see any proposals to match, not the republicans spelled out they get the hikes, but to match the effort to raise taxes. >> well, look, at the end of the day, this is the theater they put down the marker, no way, no how will we compromise, and the other says no way, no how will we compromise. at the end of the day, they compromise. thee have no choice. what you'll see is certain lines in the sand that the president said he will not accept. he will not accept a deal that does not include tax hikes on the wealthy. at the same time, he understands that in order to get that, he has to give the republicans something they want. by the way, the same republicans who ran a campaign with president obama cutting $716 billion out of medicare, all the sudden want tremendous cu
FOX News
Dec 7, 2012 10:00pm PST
't a progress report because there's no progress to report. >> tax cuts? not government spending, not irresponsible entitlements. that gets a pass. it will be tax cuts. obama's premise that this country'country'scountry's firse fraudulent and he's fixing it, and they'll be etched in stone. tax cuts. >> the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes acros
CNN
Dec 4, 2012 9:00am PST
, down the road an islamist-led government could use the constitution to deny them the right. they don't want to vote on this draft constitution. that's why they're out here protesting at this hour. >> reza, as always, appreciate your reporting from sicairo. >>> strong warning for syria's president not to use chemical weapons against his own people. nato secretary-general said the use of such weapons would result in an immediate reaction, his words. he described the syrian stockpiles as a matter of great concern and president obama has been warning of consequences if al assad makes what mr. obama calls the tragic mistake of using chemical weapons. former british prime minister tony blair voiced his concerns earlier on cnn. >> i mean now the death toll probably would be around 40,000, since this began, since a large number of people. but if there was any sense at all that assad was going to use chemical weapons or did use chemical weapons against his own people i expect a tough response that would be military. >> and nato is taking no chances by trying to protect one of its members, all
CNN
Dec 7, 2012 8:00am PST
to get your kid in college, government pointed out computer systems analysts and related fields very strong demand. that fits in that professional business services. good pay in that field. let's talk about the breakdown of race. african-american unemployment went down a little bit. 13.2%. >> still way too high. >> notice the disparities between the worker groups are still a problem. structural problems there. but the african-american unemployment rate went down and that's the trend. we have two years and change now of -- month after month of solid jobs creation. >> march of 2010. >> that was -- march of 2010, that was -- census hiring. and stimulus. >> quick question. this is a bit of a -- i read this report this morning that there were 600,000 jobs that could not be filled -- more than half a million jobs that couldn't be filled across this country last year, i believe, because we just didn't have skilled enough workers. and the first thing i thought was because we are not teaching them sciences or computer or technology. much of it had to do with up can't even answer a phone. you
FOX News
Dec 6, 2012 8:00pm PST
-of-control government spending. three wise men, what did they do? >> jesse watters quizes the folks about christmas. >> they brought frankincense, miles an mur and. >> baby diapers? >> a wild wild waters world upcoming. >> caution, you are about to enter the no spin zone from california. factor begins right now. hi i'm bill o'reilly reporting from los angeles, thanks for watching us tonight. i'm here to do the leno program this evening. during the long flight across country, i had a chance to analyze something very important to you. all of us needs to wise up and fast. you may have heard the story of new york city police officer who spent $100 ofmoney t man some boots. that man jeffrey hillman lying in the street when officer deprimo spotted him. >> it was extremely cold that night and you see this gentleman i tried to offer him to buy a pair of socks he said no officer god bless you. thank you for asking. when i see something like that, you any, here it is it is freezing cold out and he has the heart to say god bless me. and i just knew i had to help him. >> bill: obviously he is a patriot but her
CNN
Dec 4, 2012 4:00pm PST
not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious. >> very critical of john boehner. and demint's press release aimed squarely at john boehner. $800 billion tax hike will destroy jobs, allow washington to spend more. as you all know, john boehner put an $800 billion tax hike as a center of his proposal. so john boehner got rejected from the white house, which wants another $800 billion on top of that in tax hikes and then rejected by the right wing of his own party which wants absolutely no tax hikes at all. so unlike harry reid, i actually feel genuine sympathy for john boehner. so kudos, speaker, for showing deserters or desenters who is boss. boehner stripped house members who opposed key committee assignments today. and earlier i spoke with one republican leader in the house who himself has been out of step with boehner in recent days. deputy whip congressman tom cole of oklahoma. he said the gop should agree to obama's proposal to extend bush tax rates for households that make less than
CNN
Dec 5, 2012 12:00am PST
the fiscal cliff. >> those three guys are here live. and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite literally hundred
MSNBC
Dec 5, 2012 9:00pm PST
hearing at the start of the health reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, ç hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the
CNBC
Dec 5, 2012 6:00am EST
increases. we're saying it now like it's normal. 25% of gdp for government spending and you've got bloated government already, you start there. you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, wha
CNN
Dec 7, 2012 9:00am PST
. >> blankets hang across one alleyway to block government snipers' line of sight. the shooting is coming from there, the sniper, one of the fighters points out. they take us further forward. crawling through holes punched between buildings. they're just telling us that it's because of the snipers that they have to move through the various buildings like this. it's an urban version of first world war trenches. they etched forward by just one block. going any further is back breaking work. a rebel dashes down the street carrying a makeshift rocket launcher. it's a plastic tube. he later displays the rocket. this is a homemade rocket that was manufactured by the fighters themselves in this very battlefield. but they can't find the sand bags to stabilize the launcher. the weapons the fighters carry are spoils of war, captured from government forces, but they also make a promise. there is a message we have, one of the older fighters vows. when this is over, the guns will be handed over. i am just fighting to see my house down the road, he says. it's hard to fully absorb the scale of the devastatio
CNBC
Dec 3, 2012 6:00am EST
-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens with this. also morgan stanley trader is under investigation by cme regulators over trades and treasury futures four years ago. at the time he was employed by goldman sachs. he's now head of global interest rates products at morgan stanley. the probe is aimed at establishing whether hadden's late trades hat manipulate closing prices and made other trades more profitable. also singapore airline says that it is in talks with interested parties to sell its 49% stake in virgin atlantic. delta is reportedly among the potential suit ors. delta is said to want to gain access on injury gain's landing rights at london heathrow. >> biggest international hub h around. i think an dwderson is really g. it's profita
FOX News
Dec 8, 2012 7:00pm PST
of these prank calls adora are there calls for regulation? >> well, i mean, in the u.k. we have governing body. if you want to do a call in this country you have to get written permission from the person you want to wind up to actually be allow the call to be broadcast and go on air. australia does have similar rules. i think the radio station definitely has broken some rules and i think we're going to have to it with a and see how that pans out in the next few weeks. >> thank you. royal watcher there i appreciate it thank you very much. >> thank you very much. >> we wish the duke and duchess the best. we debate you decide. is it voter fraud or voter suppression. mike huckabee our pal has advice for the president on how to avoid taking us over that damn fiscal cliff. marijuana is legal in washington, soon to be legal in colorado. wait until you see what they are selling. would gun control really have saved the life of the woman killed by her football-playing boyfriend? all coming up. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] ola
MSNBC
Dec 5, 2012 1:00pm PST
't respond to, this party that has paraded around, the party that wants to rein in government spending, they are unable to identify any changes in medicare or entitlement spending which shows the tea party at its core was a phoney, phoney movement. >> joy, it's interesting to hear ron referring to august 2011 because a number of refers appear to have forgotten something happened in november 2012 called a presidential election. >> right. it was an election in which president obama, unprecedented for a democrat, actually ran on a platform of raising taxes. he said, i'm going to raise taxes on the top 2% and he was re-elected resoundingly with it. to what ron said, if it's only $14 trillion, what's the big deal, go ahead and let the rich pay it? that's number one. number two, the other thing that's been exposed and what's true, what's always been true about conservativism is that the core principle is the rich don't pay too much, they pay too little. when they say things like broaden the tax base, they think it's a moral hazard to have a progressive tax code. you want a flatter tax code f
CNBC
Dec 4, 2012 4:00pm EST
the presidential palace today. jim joins us now on the telephone. >> well, those tense of thousands of anti-government protesters who did the marching on the presidential palace were initially met by riot police who blocked off all approaches to the symbolic seat of power, the palace. these protester were calling loudly for an end to president morsi's decrees. we know they've given him near absolute power. they also call for a cancelling of that snap referendum that he's called for to ratify a draft constitution, which many critics here are saying favors egypt's islamists. at one point, the police were seen firing tear gas into the crowd, but that backfired when some protesters broke through police lines. police then dropped back, regrouped, and order soon returned. eventually morsi's motorcade was seen leaving the palace. then the police slowly left the area as well, leaving it to a lot of baffled protesters, wondering what to do. many of them went home at that point. maria, the opposition calmed this protest a last warning. it may give them a shot in the arm. they did look good tonight and looked li
FOX News
Dec 7, 2012 9:00pm PST
of every dollar they make. they pay the state, the local, the fatigue government in taxes. what america should be addressing is two things. one, we should be addressing generational theft. we now as a country borrow 40 cents of every dollar that the government spends, and we've accumulated 16 trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now, this is the kind of generational theft that has never happened in this country until now, and neerlt part neits addressing this on a regular basis. both parties are arguing over how to tax the rich. now, number two. greed and overspending. for all the talk about greedy rich people in america, how is it possible that politicians' greed is never addressed? after all, they robbed the social security trust fund. they spent it. that's your retirement money that was supposed to be put away in a safe lock box. they spent that money. medicare is also headed for bankruptcy, and oba
CNBC
Dec 5, 2012 2:00pm EST
governments with huge budget holes and another big defense dit problicit probl. here's how it works. companies have announced more than 23 million inn in dividends this year alone, including 2013 dividends being paid today. investors are also selling stocks in companies and real estate before that clip. we have billions of dollars in income being shifted from 2013 to today. that means federal and state governments will see a tax bonanza this year and a tax plunge next year. the risk here is that governments assume that this year's tax boom is the new normal and they spend accordingly. we'll then have big deficits in 2013. now we have been here before. this happened in california in 2 dhou 2001. capital gains boomed, then crashed. people front loaded their income when they expect it to go up, just like they're doing today. cap gains doubled to $52 billion, then the next year they crashed to $33 billion. the government struggled to fill that hole. the lesson here is that tax changes create huge spikes and crashes in revenue. now if governments understood this, we could plan for it but so far, br
CNBC
Dec 4, 2012 6:00am EST
except trying to rein in government. >> the truth of the matter, what's a starting to happen is that international investors, the fact that we cannot govern is going to really come home to roost. >> gld man says this is the first time he's seen people take it out of american markets. >> it's he supposed to work this w way. they can't govern either. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of pres
CNN
Dec 4, 2012 6:00am PST
rely on food stamps. republicans say it's far too many. it's government assistance out of control. certainly a major theme during the republican primary. >> president obama has been historically the most effective food stamp president in american histor history. >> in light of the continuing controversy over food stamps, new jersey democratic mayor cory book booker will live on food stamps saying, quote, nutrition is not a responsibility of the government. >> as you mentioned this all sort of began as a back and forth on twitter. we'll get to that in detail in a moment. first i want you to look at something that mayor booker posted on his twitter account. it is a grocery store receipt from pathmark, detailing some of the things that he bought. you can't really see it closely but we can tell you some of the things that he bought include red delicious apples, yams, broccoli, corn, chickpeas and lots of black and pink beans. he is documenting his week on food stamps on twitter. that means that he will live off of about $30 a week on groceries. that works out to about $4.32 a day. and
MSNBC
Dec 6, 2012 10:00am PST
the size of government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can make an effective difference in the direction of the country. >> now, let'
CNBC
Dec 7, 2012 6:00am EST
% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so the 30 in the gdp accounts is 120. they'll multiply it by four on the dividends income. it's quarter to quarter change at an annualized rate. so it's times four. there is the marginal propensity of those people to ge
CNBC
Dec 6, 2012 6:00am EST
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
CNBC
Dec 7, 2012 9:00am EST
surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can i
CNBC
Dec 7, 2012 3:00pm EST
revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue the trends is getting better. as jim pointed out, we need some clarity on the outlook, and the cliff is very important. if we go off the cliff, even if that number had been 250, the numbers still would weaken next year. >> jim, you have to make money in the meantime. where do you put your money? where are you putting money to work right now? >> well, i'm pessimistic. i share austin's view that i think we're going to go off the cliff and push this thing to february with the debt ceiling bill. as that reality comes in, the market is going to continue to struggle. i would avoid risky assets right now. i'd play s
MSNBC
Dec 4, 2012 10:00pm PST
to govern and i can only govern if i make you understand that i'm not going to put up with it anymore. >> it seems like an outburst that has been two years in coming and is loaded with things like, we don't have control of the united states senate because of you, tea party people who have given us nuts as republican senate nominees. and boehner's life would be so much better if he was working with a republican senate instead of the democratic senate he is working with. >> yes. and also, though, i think this message is that the speaker, he wants to govern. the whole point of coming to washington is not just to slash, cut, close. it is about governing. and john boehner for whatever you think of him is someone that wants to get a deal. he wants to govern. by doing what he has done, he is saying, look. enough with the games. we don't have the senate as you were saying. the only way we can do this is if i pull on the reins a whole lot. not just a bit. that's what he's done. >> the striking thing is how much outrage there is not. we had to comb around to find these comments. thank you very
FOX News
Dec 6, 2012 2:00pm PST
leftism. what you get are massive cuts in defense. and higher taxes. that means the government expands without improving the one thing that works. so you are feeding obese fat man called the government who still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we have the same thing? $20 trillion in the hole in four years, 25 trillion in nine years. nothing will change. this place is bankrupt. >> greg: president obama is obsessed with the 2%. like the crazy stalker breaking in david letterman's help. he hates the rich. it is not going to end. in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right.
Current
Dec 4, 2012 9:00am PST
and not serving what they swore to serve the american people. he points out the whole drowning the government in the bathtub. people are suggesting demolishing the government are anarchists. they are starving the beast by saying those who signed the pledge are unfit by office. [ applause ] >> stephanie: thank you, sir. >> it's like they are working for the confederacy or something. >> stephanie: yeah when you are saying that's my goal to drown the government in a bathtub. >> exactly. >> stephanie: thank you professor. [ applause ] >> you would do him. >> stephanie: no idea what he looks like. it doesn't matter. >> you would do him for his mind. >> turn the lights off. >> stephanie: just put the video on again, and put on this angelina jolie mask. [ buzzer ] >> you know she likes knives. >> stephanie: that's what makes it hot. >> well then. >> stephanie: here is what i love about the electoral pounding, is there is silver lining after silver lining isn't it? despite citizens united we were all so concerned, it turns out sheldon adleson lost $50 million more than was previously
CNBC
Dec 5, 2012 4:00pm EST
for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make sure americans feel like they can retire with dignity. >> i want to make sure we're talking about apples and apples here, which is so hard in this discussion. the $800 billion which the republicans put forward, which would be a cap on deductions, how does that compare with how far the information is prepared to go when it comes to raising revenue from capping deductions? >> we don't actually know what the republicans think they can do in that context yet, because they haven't told us how they would propose to raise the $800 billion. we don't know whose taxes would go up. we don't know the mixes of rates and limitations they would support. we think there's a good case as part of an agreement alongside a tax increase on the wealthiest 2% of americans. we think with that mix of rates and deductions, we can reach agreement on something that's very good for the country. >> do you have a number? is there a number that the administrat
MSNBC
Dec 6, 2012 7:00am PST
wants on the top 2% will run this government not for eight years or eight weeks or eight weeks but run this government for eight days, which means it's not a solution. the president is not interested in real policy solutions by evidenced by what he has proposed, he's interested in politics and that's the challenge that we have a getting through that and making certain that we not be talking politics, we talk about positive policy for american people, getting committee rolling and getting jobs created. >> the administration, as we've been saying, has said they're prepared to go over the cliff. we heard that from tim geithner. if republicans refuse to raise taxes on the wealthy and john boehner said yesterday that's unacceptable, though he admitted any revenue will be coming from the rich. let me play that for you. >> the revenues we're putting on the table are going to come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our econo
MSNBC
Dec 7, 2012 9:00am PST
unemployment rates but you have a short-term stimulus where the federal government comes in, more fema people coming in, you get a short-term boost in employment because of these disasters. the other thing that will happen with the fiscal cliff is the massive withdraw of government spending and we haven't talked about that as much as taxes. people with less money because of tax cuts going away would have less money to spend into the economy but also the federal government withdrawing federal spending from parts of the economy that are used to getting it, the military, et cetera but other sectors nonmilitary. that's the other piece that could hurt people. >> when we talk about the fiscal cliff and back and forth that is happening between the white house and the hill, i guess i'm confused because on one hand there is a sense that this is all par for the course, they know they're going to get a deal done, it's fine, everything is good and then there's also this sort of the pr blitz which is, we are very far from a deal. this is what ayman alluded to this, the speaker had a press conference a few
FOX News
Dec 8, 2012 6:00pm PST
some pressure to the libyan government which we help make this new government happen. they pick them up and question them. >> what we have been showing up full screen r is abu akhmad the guy picked up in egypt. the egyptians leased this guy during spring last year in march 2011. the revolt thousands of protestors froesing the government. they are picking up this guy we want he may be connected to the attack on benghazi. who is this is it for real? >> it isn't for real. they are buying time for what they want to do. they were part of radicals last year. they are coming regarding spring. since then we have seen a complete increase shirea all of these individuals have taken not only akty measures against the united states but planning. let me contrast the situation. 12 years ago with the attacks notab notably. he was in yemen. they have the attack on u.s.s. cole in october of 2000 with 100 fbi agents working on the ground hard. syria is a country we helped liberate. we can't do the same now are you kidding me? 12 years later. i think it's all about no political will to do the right thing h
CNN
Dec 5, 2012 9:00am PST
government could use this constitution and deny them their rights. the president says the constitution is out there for everyone to see. if you don't like it, go vote no. >> that's what they all say. we all know how that's going to be. >> he is going to leave wresh is not our president anymore. >> if he continues like this, we are going to wait in the streets until he go out. >> reporter: opposition factions sounding as defiant as ever, rejecting the president's position who has tried to calm them down by trying to assure them that there is no plot by the muslim brotherhood to monopolize power and according to the president, the best way to solve this is for egyptians to go out on december 15th and vote. obviously, many of these opposition factions don't trust them. around 10:00 p.m. everyone started to go home, and now the question, will they be back tomorrow and the next day, and what options do they have beyond protesting? >> we've got reza on the phone in cairo. first of all, what are you seeing now? what is taking place? the sun is down, and obviously, people are taking to the streets ag
FOX Business
Dec 7, 2012 1:00pm EST
. adam: some people think investing sometimes is too good to be true. what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve cohen, there is no more remarkable trader out there than this guy. say what you want to about him. if you look at his returns, i think he started in 92, one down here. he is up this year, so far, 10%. that is why the feds are after him. i have been speaking to a lot of people with the fpi. long-term returns, consistent and less volatility. what they do, generally, they look at returns, pretty much steady returns, not a lot of volatility. you look at steve collins return, one down year. you look at warren buffett. he destroys p
CNN
Dec 2, 2012 2:00pm PST
sides agree that the government needs to raise more money. how much and how they do it are two of the major sticking points. >>> and protests and a constitutional crisis, what is next for egypt. we'll dig deeper into the struggle for power between conservative islamists and liberal secularists. and later, brad pitt talks about his future with angelina jolie. >>> and a dog reunited with his owner after seven years apart. we will show you how it happened. r help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan
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